1492 Canton Rd Lakemore, OH 44250
- Retail properties
Current Use by Public Records
- Isalis / Boutique / Women'S Clothing Store
- Party City / Party Store / Balloon Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 1492 Canton Rd
- Year built
- 1959
- Property type
- Retail properties
Description
Lakemore Plaza, a 252,297 square foot community shopping center in Akron, Ohio, presents a compelling investment opportunity. This Class B property, built in 1959, sits on a 42.93-acre lot and comprises four single-story buildings. Currently, multiple retail spaces are available, ranging from 4,500 to 15,824 square feet. The center boasts strong anchor tenants including Save-a-Lot, Tractor Supply Co., Goodwill, and Jo-Ann Fabrics. A junior anchor space, several smaller shop spaces, and a former Huntington Bank outparcel building are also available for lease. Further development opportunities exist for outparcel construction, either for sale or build-to-suit. The property's strategic location near the signaled intersections of Routes 224 and 91 provides excellent visibility and accessibility. The surrounding area boasts a substantial population base, with over 118,000 residents and 44,000 employees within a five-mile radius. The property is zoned B-1 and its APN is 5402946. New ownership offers aggressive lease rates and terms. This is an exceptional opportunity to acquire a well-positioned retail property in a thriving market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lakemore
- County
- Summit
- State
- Ohio
- Longitude
- -81.4289
- Latitude
- 41.0238
